Bunzl plc (BNZL) Insider Patrick Larmon Sells 18,081 Shares

Bunzl plc (LON:BNZL) insider Patrick Larmon sold 18,081 shares of Bunzl plc stock in a transaction that occurred on Friday, October 7th. The shares were sold at an average price of GBX 2,342 ($30.57), for a total transaction of £423,457.02 ($552,743.79).

Bunzl plc (LON:BNZL) opened at 2323.79 on Monday. The firm’s market cap is GBX 7.67 billion. The stock’s 50 day moving average is GBX 2,338.86 and its 200 day moving average is GBX 2,193.97. Bunzl plc has a one year low of GBX 1,722.00 and a one year high of GBX 2,587.89.

The company also recently declared a dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, November 17th will be issued a GBX 13 ($0.17) dividend. This represents a yield of 0.55%. The ex-dividend date of this dividend is Thursday, November 17th.

BNZL has been the topic of a number of recent research reports. BNP Paribas reissued a “neutral” rating and set a GBX 2,350 ($30.67) target price on shares of Bunzl plc in a research report on Monday, August 8th. Credit Suisse Group AG reissued a “neutral” rating and set a GBX 2,100 ($27.41) target price (up from GBX 1,780 ($23.23)) on shares of Bunzl plc in a research report on Thursday, June 30th. Royal Bank Of Canada boosted their target price on shares of Bunzl plc from GBX 1,700 ($22.19) to GBX 1,950 ($25.45) and gave the stock an “underperform” rating in a research report on Tuesday, September 6th. Barclays PLC reduced their target price on shares of Bunzl plc from GBX 1,900 ($24.80) to GBX 1,850 ($24.15) and set an “equal weight” rating on the stock in a research report on Thursday, August 25th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Bunzl plc from GBX 2,136 ($27.88) to GBX 2,170 ($28.33) and gave the stock a “neutral” rating in a research report on Thursday, June 30th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 2,243.07 ($29.28).

Bunzl plc Company Profile

Bunzl plc is engaged in the distribution and outsourcing service. The Company supplies a range of sourced non-food products to a range of market sectors in approximately 30 countries. The Company’s segments include North America, Continental Europe, the United Kingdom & Ireland, and Rest of the World.